Srbijagas: Banatski Dvor agreement soon
The text of a founding agreement to create a joint company with Gazprom for the Banatski Dvor underground storage facility has been finalized, says Srbijagas.
Friday, 17.07.2009.
14:52
The text of a founding agreement to create a joint company with Gazprom for the Banatski Dvor underground storage facility has been finalized, says Srbijagas. Company CEO Dusan Bajatovic said that the agreement for the facility would be signed in the next few days between Srbijagas, Gazprom and the Russian company’s daughter company from Austria. Srbijagas: Banatski Dvor agreement soon He said that the agreement would be given to Serbian government officials for adoption at the next cabinet meeting on July 24, or via a conference call if necessary. Immediately after the signing, Gazprom gas will be shipped to both the Banatski Dvor facility and a storage facility in Hungary, provided an agreement is reached with Eon and Mol, Bajatovic said. The Srbijagas CEO said that the company currently had about 120 million cubic meters of gas in Banatski Dvor, with a further 15 million on its way. Under the earlier agreement, Srbijagas will own 175 million cubic meters of gas in the facility, and Gazprom 350 million, with the promise of added investment. At the end of investment, the capacity of the Banatski Dvor facility will reach between 800 million and one billion cubic meters of gas. Bajatovic said that equipment was on its way for the construction of the Gospodjici-Banatski Dvor pipeline, but that there were small technical problems because of rain, and that the pipes needed to be re-welded, as they were not of the best quality. Dusan Bajatovic (FoNet, archive)
Srbijagas: Banatski Dvor agreement soon
He said that the agreement would be given to Serbian government officials for adoption at the next cabinet meeting on July 24, or via a conference call if necessary.Immediately after the signing, Gazprom gas will be shipped to both the Banatski Dvor facility and a storage facility in Hungary, provided an agreement is reached with Eon and Mol, Bajatović said.
The Srbijagas CEO said that the company currently had about 120 million cubic meters of gas in Banatski Dvor, with a further 15 million on its way.
Under the earlier agreement, Srbijagas will own 175 million cubic meters of gas in the facility, and Gazprom 350 million, with the promise of added investment.
At the end of investment, the capacity of the Banatski Dvor facility will reach between 800 million and one billion cubic meters of gas.
Bajatović said that equipment was on its way for the construction of the Gospodjici-Banatski Dvor pipeline, but that there were small technical problems because of rain, and that the pipes needed to be re-welded, as they were not of the best quality.
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